GBPUSD selling after complement of B wave at 61.8FIB
Plus overbought. Possible retracement to closest resistance @ 1.2946.
The release of the UK's budget and the USA CPI tomorrow could make the fall steeper or reverse it, so trade with caution.
The release of the UK's budget and the USA CPI tomorrow could make the fall steeper or reverse it, so trade with caution.
Komen:
Retracing to 1.266 before dropping one more time.
Dagangan ditutup: sasaran tercapai:
Reached the C point. Looks like its a 3 wave in a downtrend, but first it will probably retrace to 1.26 after a day or two of consolidations.